Wilmington, DE 19805,1402 W 7TH ST
Wilmington, DE 19805,1402 W 7TH ST
Wilmington, DE 19805,1402 W 7TH ST
Wilmington, DE 19805,1402 W 7TH ST
Wilmington, DE 19805,1402 W 7TH ST
Wilmington, DE 19805,1402 W 7TH ST
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$306,000

$275,000

11.3%
Est.Price: ?

For more information regarding the value of a property, please contact us for a free consultation.

Est. payment /mo

2,850 SqFt


SOLD DATE : 03/25/2022

Key Details

Sold Price $306,000

Property Type Single Family Home

Sub Type Twin/Semi-Detached

Listing Status Sold

Purchase Type For Sale

Square Footage 2,850 sqft

Price per Sqft $107

Subdivision Cool Spring

MLS Listing ID DENC2018314

Sold Date 03/25/22

Style Victorian

Abv Grd Liv Area 2,850

Originating Board BRIGHT

Year Built 1920

Annual Tax Amount $2,699

Tax Year 2021

Lot Size 5,227 Sqft

Acres 0.12

Lot Dimensions 40.00 x 128.00

Property Description

Fantastic opportunity for a owner occupant or investor with this attractive Victorian triplex in the west hills/Cool Springs/Little Italy area of Wilmington. Only 1 block to the Saint Francis Hospital and caddy-corner from the lovely Tilton Park, surrounded by stunning Victorian architecture on N. Broom & N. Rodney St. The property has 3 separate electric meters, 3 high quality water heaters & boilers! Bilco doors give easy access for maintenance in the basement. Apartment 2 has an in-house laundry. Apartment 1 & 3 each have their own laundry located in the basement. The very long brick driveway opens to a large yard. There's evidence that a good size garage once was located and likely would be approved for being rebuilt. OFF STREET PARKING for each apartment could be offered due to the large size of the yard if a stone parking pad were added! Replacement dual-pane windows throughout the property. The roof was taken down to the wood so one layer of architectural shingle was installed in 2005 on the main roofs. Hardwood floors in and all the main living spaces in each of the three units. The current sellers kept the rents the same for unit 2 & 3 (but have recently raised Apt 1 to $950) as when they purchased the property in 2018 so there's room for growth to easily Increase the cap rate. Very accessible to Trolley Square, the riverfront & Market Street attractions. Very convenient to major commuting routes, the train & bus stations at 2nd & Market. For an owner-occupant there is a grant that does NOT need to be repaid, available for up to 17,500 towards your down payment and closing costs! Please book 24 hours in advance for the occupied units which must be confirmed. Tenants might be home during showings.

Location

State DE

County New Castle

Area Wilmington (30906)

Zoning 26R-3

Interior

Hot Water Natural Gas

Heating Hot Water, Radiator

Cooling Ceiling Fan(s), Window Unit(s)

Flooring Solid Hardwood, Tile/Brick, Vinyl

Heat Source Natural Gas

Exterior

Garage Spaces 2.0

Water Access N

Roof Type Architectural Shingle,Other

Accessibility None

Total Parking Spaces 2

Garage N

Building

Lot Description Open, Level

Foundation Block, Stone

Sewer Public Sewer

Water Public

Architectural Style Victorian

Additional Building Above Grade, Below Grade

Structure Type Plaster Walls,Dry Wall

New Construction N

Schools

School District Red Clay Consolidated

Others

Tax ID 26-027.30-263

Ownership Fee Simple

SqFt Source Assessor

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Financing Cash,Conventional

Special Listing Condition Standard

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Bright MLS (BMLS)
Listed by Toni R Vandegrift • EXP Realty, LLC
Bought with Andrew White • Compass
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"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(301) 287-3210

tyronetoneytherealtor@gmail.com

4221 Forbes Blvd, Suite 240, Lanham, MD, 20706, United States

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